The highly anticipated Tesla Model Y is available to order on Tesla’s website as of today. The new SUV features a starting price of $47,000 and has the option for AWD. The Model Y also has the option for a seven seating configuration, making it a good option for larger families. The significantly lower price than the Model X should open up a much larger market for the electric car manufacturer, especially for families looking to go electric.
The Model Y features the available option for auto pilot and full autonomous driving mode. You can also summon your vehicle from the parking lot to come pick you up! The autonomous driving mode is based on safety studies showing better than human performance over more than a billion driven miles. This means that pretty soon, you may not have to do any driving at all!
Tesla plans to begin shipping the model Y in late 2020 or early 2021, so you will still have to wait a little to get your hot little hands on this puppy, but you can put your order in today! The RWD long range model features a 300 mile range, top speed of 135 MPH, and 0-60 acceleration time of 5.5 seconds. The AWD performance model features a top speed of 150 MPH and 0-60 time of just 3.5 seconds.
The Model Y represents exciting news for electric vehicle enthusiasts, and the autonomous driving mode is just plain impressive. The flexible seating configurations and high performance specs should make this new model a hit once it reaches the market next year. And best of all, the affordable price tag should help open the door of this new model to the masses.
Tesla is now the #5 most valuable auto maker in the world, and with continuous innovation and more advanced technology than the competition, the Tesla market cap stands to continue soaring. It is impressive to say the least, that Elon Musk has managed to make his company more valuable than Ford and Honda in just a few short years since its founding. We will be keeping an eye on this company in the future, but in our eyes, Tesla stock represents a solid investment.